-LRB- CNN -RRB- -- Tiger Woods is no longer officially considered one of golf 's top 50 players , ending a streak that extended back 15 years .

According to the official World Golf Ranking , the 35-year-old Woods entered the weekend as the sport 's 50th best player . But he lost that standing when Louis Oosthuizen finished tied for fifth at this weekend 's Dunhill Links Championship in Scotland , earning him a place in the standings and ousting Woods .

The rankings are endorsed by Professional Golf Association tours in the United States , Europe , Australia , Asia and elsewhere , according to the World Golf Ranking website . An updated ranking comes out every Monday .

The last time Woods was not among the top 50 was on October 13 , 1996 . Since then , he won 14 major championships -- a distinction used for the Masters , U.S. Open , British Open and PGA championship -- and , for much of the next 778 weeks , ranked as the game 's best player .

In recent years , Woods has been plagued by the fallout surrounding his infidelity and divorce from his wife as well as numerous injuries . His last tournament win was the Australian Masters in November 2009 .

His next competition will be this week at the Frys.com Open in Corde Valley , California . Despite his recent slump , American team captain Fred Couples chose Woods as one of his wild card picks for next month 's Presidents Cup in Australia .

CNN 's Jason Durand contributed to this report .

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Woods entered this weekend as golf 's 50th best player

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A strong performance by Louis Oosthuizen led to Woods ' drop in rankings

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The last time Woods was not in the top 50 was in October 1996